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Rates & Bonds
2 MIN READ
Peso GS Weekly: De-risk ahead of more supply
Players are better sellers in the belly of the curve due to risk-off sentiment.
March 3, 2025
By Metrobank Local Currency Trading Department and Maria Christina Virtudazo
By Metrobank Local Currency Trading Department and Maria Christina Virtudazo
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What happened last week
The local government securities (GS) market saw mixed activity throughout last week, with global yield movements influencing local trends. A decline in global yields led to initial buying interest, but the momentum faded as selling pressure emerged.